About IT Infrastructure Monitoring Software
The IT infrastructure monitoring software allows organizations to identify and solve problems or issues before even they impact adversely in the important business processes. The software provides insights about the virtual, cloud systems, physical systems, and helps in ensuring the performance and efficiency. For monitoring the entire IT infrastructure and business operations they can additionally be helpful in planning the upgrades before the failure of outdated systems.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 17.3% |
Competition among existing players is due to the IT Infrastructure Monitoring Software market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for IT Infrastructure Monitoring Software Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SolarWinds Worldwide, LLC. (United States), Paessler AG (Germany), Nagios Enterprises, LLC (United States), IBM (United States), Zabbix LLC (United States), Microsoft (United States), Dynatrace (United States), Micro Focus International plc (United Kingdom) and VMware, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global IT Infrastructure Monitoring Software market by Type (Systems Management, Network Management and Storage Management), Application (Large Enterprises (1000+Users), Medium-Sized Enterprise (499-1000 Users) and Small Enterprises (1-499Users)) and Region.
On the basis of geography, the market of IT Infrastructure Monitoring Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pricing Option, the sub-segment i.e. Subscription Based will boost the IT Infrastructure Monitoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the IT Infrastructure Monitoring Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emerging Serverless Computing and Popularity of Software as a Service (SaaS) and Increasing Use of Cloud-based IT Infrastructure Monitoring Software
Market Growth Drivers:
Need for Automating the Business Operations and Need for Ensuring the Performance and Efficiency and Demand for the Faster Real-Time Insights to Stay Alert for Unplanned Downtime, Network Intrusion, and Resource Saturation
Challenges:
The Requirement of Skilled Professionals for IT Infrastructure Monitoring Software
Restraints:
Cybersecurity Related Risks Associated with IT Infrastructure Monitoring Software
Opportunities:
Technological Upgradation in IT Infrastructure Monitoring Software and Increased Spendings of Enterprises on IT Infrastructure Monitoring Software
Market Leaders and their expansionary development strategies
In May 2023, New Relic introduced a new, deeply integrated experience for its infrastructure monitoring and APM capabilities that correlates the health and performance of applications and hosts in real-time. Engineers, DevOps, and ITOps can now quickly diagnose application and infrastructure performance issues, and avoid context switching or missing critical insights due to siloed infrastructure monitoring tools.
In Janaury 2023, Auxis announce the addition of LogicMonitor’s next-gen solution, LM Envision, to its IT managed services portfolio. As a provider of the leading cloud-based observability platform on the market, LogicMonitor delivers a unified, real-time, intelligent view into all the traffic in a network – supercharging Auxis’ already-stellar ability to keep pace with the speed, flexibility, and scalability of today’s hybrid IT environments and ensure high performance and availability for mission-critical systems and services.
Key Target Audience
IT Infrastructure Monitoring Software Developers, IT Infrastructure Monitoring Service Providers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.